Asset Price Response to New Information: The Effects of by Guo Ying Luo PDF

By Guo Ying Luo

Asset rate reaction to New Information examines the influence of 2 kinds of mental biases (namely, conservatism bias and representativeness heuristic) at the asset expense response to new details. the writer constructs quite a few types of a aggressive securities industry or a security industry taking into account strategic interplay between investors to turn out conscientiously that both conservatism or representativeness is in a position to producing either asset fee overreaction and underreaction to new info. the implications shed a few new insights at the phenomena of the asset expense overreaction and underreaction to new details. within the literature, little or no has been released during this sector of behavioral finance. This quantity will attract graduate-level scholars and researchers in finance, behavioral finance, and fiscal engineering.

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Asset Price Response to New Information: The Effects of Conservatism Bias and Representativeness Heuristic (SpringerBriefs in Finance) by Guo Ying Luo


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